$35,000
SOLD JUN 17, 2021

305 Oyster Cut Newport, NC 28570

0.45 Acre
$77,778 Price per Acre
19,602 Sq Ft Lot

Recently Sold

12% Below List Price

640 Days on Market

Highlights

  • Boat Dock
  • Water Access
  • Clubhouse
  • White Oak Elementary School Rated A-
  • Home fronts a sound
  • Wooded Lot

About This Lot

As of February 2025

Beautiful cul-de-sac lot in upscale waterfront community of Cedar Key Subdivision. Community amenities: common area with community pier accessing Goose Creek and Bogue Sound, community pool, and open air poolhouse. Croatan School district. Approx. 30min. to Cherry Point, 40min. Camp Lejuene, 30min. to Crystal Coast beaches.

Last Agent to Sell the Property

Charles Elliott

Bluewater Real Estate AB License #306386 Listed on: 07/22/2019

Last Buyer's Agent

Stacy Wilson

Coldwell Banker First Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 40x120x135x60x73.5
  • Home fronts a sound
  • Cul-De-Sac
  • Cleared Lot
  • Wooded Lot
  • Marsh on Lot
  • Property is zoned R15

HOA Fees

  • $24 Monthly HOA Fees

Schools

  • Broad Creek Middle School
  • Croatan High School

Listing and Financial Details

  • Tax Lot 56
  • Assessor Parcel Number 5395.04.93.1192000

Community Details

Overview

  • Cedar Key HOA, Phone Number (252) 723-1452
  • Cedar Key Subdivision
  • Maintained Community
  • The community has rules related to deed restrictions

Amenities

  • Clubhouse

Recreation

  • Boat Dock
  • Community Pool
  • Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$11

Lot Details

0

HOA Fees

$24 per month

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Maintained, Paved
  • Waterfront: No
  • Waterview: No
  • Total Road Frontage: 40

Utilities

  • Fuel Tank: None

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Clubhouse, Dock, Maint - Comm Areas, Pool, Street Lights
  • Annual HOA: 289.00
  • HOA Company: Cedar Key HOA
  • HOA Phone: 252-723-1452

Lot Info

  • Deed Book: 1580
  • Deed Page: 243.00
  • Lot Description: Cul-de-Sac Lot, Subdivision
  • Lot Dimensions: 40x120x135x60x73.5
  • Lot Number: 56
  • Lot Sq Ft: 19689.00
  • Lot Water Features: Sound Side, Water Access Comm, Waterfront Comm
  • Plat Book: 29
  • Plat Page: 731
  • Special Assessments: none known
  • Zoning: R15
  • Acres: 0.45
  • Deed Restriction: Yes
  • Environmental Hazard: No
  • List Price per Acre: 83333.33
  • Soil Evaluation: Soil Evaluation - Yes
  • Soil Evaluation Other: expired 2005
  • Topography: Cleared/Partial, Marsh/Wetland, Wooded
  • Lot Number2: 56

Tax Info

  • Tax Identifier: 5395.04.93.1192000
  • Tax Year: 2018

MLS Schools

  • High School: Croatan
  • Middle School: Broad Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2024
Closed on
Feb 13, 2025
Sold by
Malchow Joshua Lee and Malchow Claudia M
Bought by
Hamilton Richard S and Hamilton Catherine E
Seller's Agent
Jaime Dorn
Harrison Dorn Realty
Buyer's Agent
Jaime Dorn
Harrison Dorn Realty
List Price
$420,000
Sold Price
$370,000
Premium/Discount to List
-$50,000
-11.9%
Views
54
Current Estimated Value
$385,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,974
Avg. Annual Appreciation
8.75%
Original Mortgage
$245,000
Outstanding Balance
$244,592
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$138,349

Purchase Details

Listed on
Jan 13, 2022
Closed on
Aug 23, 2022
Sold by
Ram Homes Inc
Bought by
Malchow Joshua Lee and Malchow Claudia M
Seller's Agent
Stacy Wilson
Crystal Coast Realty Group
Buyer's Agent
Jenny Ingels
Harrison Dorn Realty
List Price
$329,900
Sold Price
$329,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.70%
Original Mortgage
$329,900
Interest Rate
5.51%
Mortgage Type
VA

Purchase Details

Listed on
Jul 22, 2019
Closed on
May 28, 2021
Sold by
Coker B Darlene B and Coker Perrie
Bought by
Ram Homes Inc
Seller's Agent
Charles Elliott
Bluewater Real Estate AB
Buyer's Agent
Stacy Wilson
Coldwell Banker First Realty
List Price
$39,900
Sold Price
$35,000
Premium/Discount to List
-$4,900
-12.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
558.80%
Original Mortgage
$4,000,000
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 19, 2017
Sold by
Mcginty Alan E and Gregory Earl Lewis Revocable T
Bought by
Coker Darlene B

Purchase Details

Closed on
Jun 26, 2008
Sold by
Lewis Gregory E
Bought by
Coker B Darlene and Lewis Gregory E

Purchase Details

Closed on
Jul 27, 2006
Sold by
Lewis Viola S
Bought by
Lewis Gregory E

Purchase Details

Closed on
Jul 20, 2006
Sold by
Lewis Viola S
Bought by
Lewis Viola S and The Viola S Lewis Revocable Trust

Purchase Details

Closed on
Jul 13, 2006
Sold by
Lewis Viola S
Bought by
Lewis Gregory E and The Viola S Lewis Irrevocable Trust

Purchase Details

Closed on
Sep 1, 2005
Sold by
Delmore Thomas E and Delmore Elizabeth
Bought by
Breezy Point Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$511,755
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 12, 2004

Purchase Details

Closed on
Mar 25, 2002
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $370,000 None Listed On Document
Warranty Deed $340,000 Raymer Jonathan S
Warranty Deed $35,000 None Available
Warranty Deed -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $105,000 None Available
Warranty Deed $62,500 None Available
Deed $45,000 --
Deed $23,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $245,000 New Conventional
Previous Owner $329,900 VA
Previous Owner $4,000,000 Credit Line Revolving
Previous Owner $35,140 Unknown
Previous Owner $511,755 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2025 02/24/25 Sold $370,000 -5.1% $178 / Sq Ft
01/01/2025 01/01/25 Pending -- -- --
12/16/2024 12/16/24 Price Changed $390,000 -2.5% $188 / Sq Ft
11/18/2024 11/18/24 Price Changed $399,900 -1.5% $192 / Sq Ft
10/30/2024 10/30/24 Price Changed $406,000 -3.3% $195 / Sq Ft
10/02/2024 10/02/24 For Sale $420,000 +27.3% $202 / Sq Ft
08/26/2022 08/26/22 Sold $329,900 0.0% $162 / Sq Ft
01/28/2022 01/28/22 Pending -- -- --
01/13/2022 01/13/22 For Sale $329,900 +842.6% $162 / Sq Ft
06/17/2021 06/17/21 Sold $35,000 -12.3% --
04/22/2021 04/22/21 Pending -- -- --
07/22/2019 07/22/19 For Sale $39,900 -- --
Source: Hive MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $11 $227,257 $28,617 $198,640
2023 $1,172 $227,257 $28,617 $198,640
2022 $123 $28,617 $28,617 $0
2021 $117 $28,617 $28,617 $0
2020 $117 $28,617 $28,617 $0
2019 $174 $44,500 $44,500 $0
2017 $174 $44,500 $44,500 $0
2016 $174 $44,500 $44,500 $0
2015 $160 $44,500 $44,500 $0
2014 $128 $35,523 $35,523 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2025

    Jaime Dorn

    Harrison Dorn Realty

  • S

    Seller's Agent in 2022

    Stacy Wilson

    Crystal Coast Realty Group

    (252) 725-2939

    13 in this area

    33 Total Sales

    Stacy Wilson
    Section Image

  • J

    Buyer's Agent in 2022

    Jenny Ingels

    Harrison Dorn Realty

  • C

    Seller's Agent in 2021

    Charles Elliott

    Bluewater Real Estate AB

    (252) 269-0685

    2 in this area

    46 Total Sales

    Charles Elliott
    Section Image
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Map

Source: Hive MLS

MLS Number: 100177180

Hive MLS

APN: 5395.04.93.1192000

North Carolina Carteret County Newport 28570

305 Oyster Cut, Newport, NC

This home is located at 305 Oyster Cut, Newport, NC 28570 and is currently priced at $35,000. 305 Oyster Cut is a home located in Carteret County with nearby schools including White Oak Elementary School, Broad Creek Middle School, and Croatan High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hive MLS The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC

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